$1,199,000
Oak Park, IL 60304
Welcome to the Gunderson on Elmwood! An extraordinary, fully renovated historic masterpiece where timeless architecture meets modern luxury. Designed by renowned architect Frank A. Gunderson for his daughter, this one-of-a-kind residence showcases exquisite original craftsmanship, including stunning stained-glass windows and tray ceilings! All while offering every modern convenience today's buyer desires. This exceptional home features 4 spacious bedrooms, 3.5 beautifully updated bathrooms, and three full finished levels of living space! Providing the perfect balance of elegance, comfort, and functionality. The designer kitchen with a separate breakfasts nook, opens seamlessly to expansive living and dining spaces! While the luxurious primary suite boasts a spa-inspired bathroom and an impressive custom walk-in closet worthy of a boutique. The finished basement offers additional living and entertaining space! Ideal for a recreation room, home gym, media room, or guest accommodations. Completely renovated in 2020, major improvements include: New HVAC, Plumbing, Electrical Roof & Central Air. Situated in one of Oak Park's most desirable locations, you'll enjoy the convenience of close proximity to: Green and Blue CTA Lines, award winning schools, grocery stores, restaurants, parks, and everything downtown Oak Park has to offer. Adding even more value, the sale includes the adjacent 507 S. Elmwood buildable lot on a separate PIN, creating an incredible opportunity for future development, expanded outdoor living, or long-term investment. A rare opportunity to own one of Oak Park's most iconic historic homes with the added benefit of a buildable lot offering luxury, history, and unmatched potential in one remarkable package. Schedule your private showing today.
Estimated monthly cost for this home
$8,362/mo
Estimate only, not a quote or offer of credit. Rate starts from today's market rate (6.66%, 2026-07-30). Taxes from the listing's MRED record. Talk to a lender for real numbers; a Subdiview agent can introduce you to a good one.
| 2024 property taxes | $22,177/yr |
From the listing's MRED record. MRED does not publish per-change dates through IDX, so price changes are shown without one rather than guessed.
Assigned schools per the listing's MRED record. Always verify with the district before you buy.
Elementary
Longfellow Elementary School
97
Middle
Percy Julian Middle School
97
High school
Oak Park and River Forest High School200
See programs, enrollment & homes near this school →
MRED Broker ReciprocityThis listing is part of the MRED data exchange program provided courtesy of Baird & Warner, listed by LaToya Moore.
Information last updated Aug 1, 2026, 2:21 AM.
511 Elmwood Avenue
Oak Park, IL 60304

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Call 224-385-8779Sourced from the MRED MLS feed. Last updated when the listing was modified.